The Trump Squeeze: Energy, Trade And India’s Tightrope

Donald Trump’s tariff strike has triggered more than a trade row. By linking duties to India’s Russian oil purchases, he has turned energy into a weapon and forced New Delhi to choose between cheap crude and strategic autonomy.

US President Donald Trump
US President Donald Trump Photo: AP
info_icon
Summary
Summary of this article

India’s economy, already reeling from global headwinds, now finds itself in an unfamiliar bind. It is being punished by the Donald Trump administration not just for what it sells, but for whom it buys from. And it is the second half of that equation—India’s energy clinch with Russia—that could reshape its foreign policy and fiscal health in equal measure.

Published At:
Tags

Click/Scan to Subscribe

×